• Finiata

  Participated · Equity · Oct 2016

  Finiata provides a fully automated factoring platform that purchases outstanding invoices—starting from as little as €1—with no minimum sales volume or prior bank history required. By leveraging proprietary credit-scoring technology developed by former Kreditech team members, the company claims a 70 % approval rate and can deliver liquidity to customers that traditional banks often overlook. Users pay nothing on their first invoice and are subsequently charged a 2.3–3.3 % monthly fee on the factored amount, positioning the service as both fast and competitively priced. The startup explicitly targets the "WeWork generation" of freelancers and SMEs operating out of co-working spaces, but it also sees appeal among more established small businesses seeking flexible working capital. Management believes that lower variable costs and scalable digital acquisition will allow it to reach a large segment of Germany’s €200 billion annual factoring market, which has been growing at roughly 10 % per year. The founding team includes multiple ex-Kreditech executives, adding depth in fintech risk management and underwriting. Finiata has secured €3.5 million in funding, combining equity and debt, to fuel product development and market expansion.

• Scalable Capital

  Participated · Equity · May 2016

  Scalable Capital is a vertically integrated digital retail investment platform that provides European retail investors with low‑cost, broadly diversified investment options. Founded in 2015, the company has expanded its product set to include ETFs, stocks, funds, bonds, cryptocurrencies, derivatives and private equity via ELTIFs for eligible clients. It recently launched the European Investor Exchange, an exchange tailored to the needs of retail investors. Broker clients receive attractive interest rates on cash from partner banks and have instant access to low‑cost securities‑backed loans against their portfolios. Starting this summer Scalable will offer kids’ accounts so parents can invest for their children’s financial future. The company completed a €155 million funding round and investors have now invested over €470 million in Scalable to date, supporting further product expansion across Europe. Scalable Capital is a Munich, Germany–based digital investment platform that provides retail investors with an investing app and a full-service brokerage. The app allows clients to invest in ETFs, stocks, funds, bonds, cryptocurrencies and derivatives, with over two thirds of the money invested in ETFs. Led by Co-CEOs Erik Podzuweit and Florian Prucker, the company expanded its brokerage into Austria, France, Italy, Spain and the Netherlands over the past two years. Scalable Capital raised a €60M Series E extension in a round led by Balderton Capital, with participation from existing investors including HV Capital. The company intends to use the funds to deliver further growth. The article did not disclose other financial metrics or revenue figures. Founded in 2014 and headquartered in Munich, Scalable Capital operates a digital investment platform with over 250,000 clients and more than $5 billion in assets under management. The platform offers fully managed, globally diversified ETF portfolios alongside self-directed trading in shares, ETFs, cryptocurrencies, and funds, plus market-leading monthly savings plans for ETFs, stocks, and crypto. Its product catalogue includes over 1,500 ETFs, more than 4,000 shares, and 2,000 funds. Scalable reports offices in Munich and Berlin and an office in London, though it is no longer accepting new clients on its UK platform. The company says it will use new funding to push international expansion and further develop its product, and it plans to launch derivatives trading next. Scalable Capital operates a robo-advisor platform that lets users monitor and manage investment portfolios, invest in shares, execute trades and access ETFs for a flat €2.99 monthly fee. The company serves about 80,000 customers across Germany, Austria and the UK and reports more than $2 billion in assets under management. It sells both B2B technology to banks and a direct-to-consumer offering; B2B and B2C revenues are roughly split 50/50. The B2C service launched in June and has been growing quickly, while the company also partners with banks and platforms including Barclays, Raiffeisen Banking Group Austria, Raisin, ING Deutschland and others. Management says it will use the funding to build more products for existing customers, add more customers in current regions and potentially expand to additional European countries. The company was co-founded in 2014 and is headquartered in Munich. Scalable Capital offers digital wealth management using passive ETFs and systematic risk monitoring across more than 8,500 securities to deliver diversified portfolios. The company serves over 50,000 client portfolios and manages more than €1.5 billion in assets, with an average of €35k per customer and roughly one-third of AUM in portfolios above €100k. Almost every second customer has a monthly savings plan averaging €400. Over the past year Scalable Capital significantly expanded its B2B operations and counts partners including ING Bank, Siemens Private Finance, Openbank, Oskar GmbH and Targobank. Founded in 2014, the company employs more than 100 people across Munich and London, including specialists in financial econometrics, computer science and machine learning. The firm plans to use new funding to grow its software engineering team, accelerate retail business and roll out new white-label solutions for banks, insurers and asset managers.

• Savedo

  Participated · Equity · Apr 2016

  Savedo is an international online financial marketplace headquartered in Berlin that enables private customers in Germany, Austria and the Netherlands to deposit savings with partner European banks at rates up to 2.5% per annum. Deposits on the platform are secured in line with current EU directives through partnerships with banks such as biw AG, Atlantico Europa, Banka Kovanica, Hanseatic Bank, J&T Banka, KentBank and Vaba Banka. Led by CEO and cofounder Christian Tiessen, the platform aggregates deposit products across the EU to offer higher yields to retail savers. Financially, Savedo has previously raised more than $12M in growth funding and has now added a $2M financing. The company says it will use the new funds and investor Simon Nixon’s network to expand further into European markets. Founded in mid-2014, Savedo operates an online marketplace that offers private customers in Germany, Austria and the Netherlands access to savings products from partner banks across Europe via a single clearing account. In cooperation with German biw AG and various European partner banks, the company places customer deposits with a variety of terms and interest rates, currently up to 2.5% per annum. Deposits are secured up to €100k by the country-specific deposit protection fund in accordance with EU directives. The platform aims to simplify cross-border savings by aggregating offers and handling clearing. Savedo plans to use new capital to further enhance customer services, add new product categories and continue international expansion. The company has raised over $10m in total funding to date. Savedo is a Berlin, Germany–based online marketplace for retail investment products that lets German and Austrian investors place term deposits across the European Union. The platform offers deposits with terms of 6, 9, 12, 18, 24, 36, 48 and 120 months at attractive interest rates and handles customer service and standardized account documents for partner banks. Savedo works with its German partner bank biw AG and coordinates activities with foreign partner banks to facilitate deposits. The company is led by Christian Tiessen and Steffen Wachenfeld and currently employs thirty people. It intends to use new funding to continue building the brand and platform and to expand internationalization efforts. Backers include FinLeap, Point Nine Capital, DvH Ventures, Cherry Ventures and other business angels.

• Fiagon

  Led · Equity · Mar 2016

  Fiagon AG, based in Hennigsdorf near Berlin, manufactures clinical navigation systems built around its proprietary 'FlexSensor' technology. Its systems are used internationally, including in the USA and China, across maxillofacial, neuro and spinal surgery. Led by CEO Dr. Timo Krüger and CTO Dr. Dirk Mucha, the company supplies surgical navigation solutions to clinical markets. Fiagon raised $7.5m in funding and intends to use the proceeds to expand its product portfolio. Backers include Donghai Securities and the German Startups Group; the company has also increased its capital. Fiagon is strengthening strategic expertise on its supervisory board with appointments from Fresenius Medical Care, World of Medicine and Donghai Securities.

• Datapine

  Participated · Series A · Sep 2015

  datapine is a Berlin-based data-visualization SaaS company that helps users communicate data visually to extract insights for business intelligence. The product includes embeddable dashboards and tools for visual analysis. The company reports 1,200 monthly active users and has seen revenue grow 25% month-over-month over the last year. datapine raised a $3 million Series A led by Rheingau Founders, bringing total funding to $4 million to date. Other participants in the round included KfW, K5, Venista Ventures and German Startups Group. The new capital will be used to scale sales across Europe—specifically the DACH region—double the team and improve the embeddable dashboards.

No current team members are available.